Online | In-company
Contract disputes cost money, take valuable time to resolve and can damage good relations. However, they can be avoided by using the IChemE Forms of Contract. This course will show you how to get the most out of these contracts.
The IChemE Forms of Contract are drafted as performance-based contracts for the design and construction of a process plant and other output-based projects. They specifically address the liabilities and testing regimes appropriate for a performance plant, and are used extensively across a range of process industries.
This course examines both the UK and international suites of contracts: their approach to risk and payment, their structure, how they govern work from initial requirements through design to fully commissioned and operational plant, and party liabilities.
This is an interactive course with plenty of opportunity to ask questions, and includes syndicate work to increase familiarity with the subject matter.
As part of the course fee, delegates will be given six-months' online access (view-only) to the Red, Yellow and Silver books.
By the end of this course, you will understand:
- the main provisions, structure and features of the IChemE Forms of Contract and the key differences between them
- the various stages of a process plant contract
- the key procedures to be followed
- the various certificates to be issued by the project manager
- the key differences between a lump sum, cost reimbursable and target cost contract
- how to put a contract together
- the liabilities of the parties under the contracts.
Who will benefit
Anyone preparing or tendering a contract using the forms or those who will manage such a contract as a client, consultant or contractor. This could include:
- project and contract managers
- contract administrators
- consulting engineers
- quantity surveyors
- graduate engineers.
Previous delegates said
"The course covered everything, which was great."
R Fomin, MSE Systems, UK
- The nature of process plant contracts
- The structure of contracts based on the UK and international forms
- The duties of the contractor and the purchaser
- The various stages of the works
- The testing regime
- The role of the project manager
- Cost allocation
- The difference between price and cost-based contracts and the consequent differences in cost liability
- The different payment terms in the lump sum Red Book, the cost reimbursable Green Book, and the target cost Burgundy Book
An outline will be given of the Silver Book (for professional services and consultancy), the Yellow and Brown Books (for subcontracts), the Orange Book (for minor works), the Blue Book (for Engineering, Construction and Procurement Management (EPCM) contracts) and of the dispute resolution procedures. How these matters are dealt with in the international forms is also considered.
Online courses consist of three live and interactive modules with the trainer on the dates indicated.
From 13 November 2023
- Module 1 – 13 November 2023, 13:00–17:00 GMT
- Module 2 – 14 November 2023, 13:00–17:00 GMT
- Module 3 – 15 November 2023, 13:00–17:00 GMT
Live sessions are delivered via Microsoft Teams. If you don't already have this installed, you can join as a guest in order to access the training.
Not available then?
Register your interest in alternative dates.
Course fees vary depending on delivery format and location. Select your preferred course date to see the relevant fees.
How to register
Select your preferred course from the list of upcoming start dates and go to the 'Book course' button at the bottom of this page.
More than one person to train?
Discounts are available to companies booking more than one place. Bookings must be made at the same time to receive the discount.
- 2 places – 10% discount
- 3 places –15% discount
- 4 or more places – 20% discount
This course can be delivered to corporate teams, either on-site or online. This could be a cost-effective option if you have several people requiring the training. Content can be tailored to your specific requirements. Request a quotation.
Attendance certificate & CPD hours
An e-certificate will be issued at the end of the course to confirm attendance and CPD hours logged. Please note that you must attend all modules to receive the certificate.
CPD hours should be used as an approximate guide and will vary depending on the preferred approach of the delegate and to what extent additional learning is completed.